5961 Highway 308Belle RoseLA70341
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 5961 Highway 308, Belle Rose, LA, 70341 in Belle Rose earns a 9.47% gross yield at $139,000. Rent of $1,097/mo nets $236/mo after the $625/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $38,403 and $1,280/yr in equity accumulation project a total cumulative return of $67,928.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $236 | $450 |
City averages based on Belle Rose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,097 |
| Total Monthly Debt Service | $806 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70341, Belle Rose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,540 (100%) |
| Owner Occupied HU | 1,139 (74.0%) |
| Renter Occupied HU | 207 (13.4%) |
| Vacant Housing Units | 194 (12.6%) |
| Median Home Value | $183,654 |
| Average Home Value | $230,305 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,132
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70341, Belle Rose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,540 (100%) |
| Owner Occupied HU | 1,139 (74.0%) |
| Renter Occupied HU | 207 (13.4%) |
| Vacant Housing Units | 194 (12.6%) |
| Median Home Value | $183,654 |
| Average Home Value | $230,305 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,132
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Turgeon • Berkshire Hathaway HomeServices Preferred, REALTOR
Mls Name: GSREIN
Mls Provider:
Mls ID: #2462871
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